Supporting Initiatives to Redistribute Unused Medicine - Sirum
Supporting Initiatives to Redistribute Unused Medicine - Sirum reported $29.0 million in revenue and $32.4 million in expenses for calendar year 2024. Of every $100 it spent, $97.20 went to program services, $2.30 to management and general costs and $0.50 to fundraising. Its largest source of revenue was contributions and grants: 96.3% of the total. The highest compensation it reported for one person was $266,635 (CO-FOUNDER). 8 people received more than $100,000 in reportable compensation. Revenue fell 31% between 2020 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $32MFor context, the median across 5,634 covered health care charities: $86.19 programs, $13.81 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
Calendar year 2024 · Form 990, Part VIII · total revenue $29MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 97.2% | 85.6% |
| Management & general Part IX 25(C) ÷ 25(A) | 2.3% | 13.7% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.5% | 0.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.01 | $0.00 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 96.3% | 1.3% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 0.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 1.9% | 93.7% |
| Highest reported compensation Part VII-A, columns D–F | $266,635 | $975,831 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.82% | 1.34% |
| People paid over $100,000 Part VII, line 2 | 8 | 27 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 6.5 | 6.6 |
| Independent voting board members Part VI 1a–1b | 4 of 7 | 88.9% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
2024 · Form 990, Part III · the three largest programs by expenseSirum uses technology to connect surplus medicine from institutionslike commercial pharmacies and health facilities with safety-netproviders like free clinics and charitable pharmacies to benefit illand/or needed individuals. Like a match.com for medicine, theorganization connects medicine donors with these safety-net providersand coordinates third party logistics like itemized drug manifests,tracking and shipping. Activities include operating not-for-profitpharmacies and returns processors, which are utilized when needed asthird party logistics providers offering warehousing and…
Highest reported compensation
2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| CO-FOUNDER Director/trustee, officer, 50.00 hrs/week | $246,767 | $0 | $19,868 | $266,635 |
| CO-FOUNDER Director/trustee, officer, 50.00 hrs/week | $246,767 | $0 | $19,868 | $266,635 |
| CO-FOUNDER Director/trustee, officer, 50.00 hrs/week | $253,108 | $0 | $12,308 | $265,416 |
| FOUNDING ENGINEER Highest compensated employee, 40.00 hrs/week | $188,283 | $0 | $29,722 | $218,005 |
| ENGINEER #1 Highest compensated employee, 40.00 hrs/week | $189,916 | $0 | $17,637 | $207,553 |
| SENIOR ENGINEER Highest compensated employee, 40.00 hrs/week | $167,592 | $0 | $16,118 | $183,710 |
| SENIOR ENGINEER Highest compensated employee, 40.00 hrs/week | $163,921 | $0 | $12,872 | $176,793 |
| CHIEF OF STAFF, OPERATIONS Highest compensated employee, 40.00 hrs/week | $147,385 | $0 | $14,936 | $162,321 |
8 people received more than $100,000 in reportable compensation from Supporting Initiatives to Redistribute Unused Medicine - Sirum (Part VII, line 2). Compensation of current officers, directors and key employees totaled $799K (Part IX, line 5).
5 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b7 · 4 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2Yes
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4Yes
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 554
- Volunteers Part I, line 64
Private foundation grants it received
1 private foundation reported grants to Supporting Initiatives to Redistribute Unused Medicine - Sirum totaling $149 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Supporting Initiatives to Redistribute Unused Medicine - Sirum's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Supporting Initiatives to Redistribute Unused Medicine - Sirum, you can publish a response that is linked from this page.
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Of every $100 Supporting Initiatives to Redistribute Unused Medicine - Sirum spent in 2024, $97.20 went to programs. The full breakdown, from its IRS Form 990:
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Questions people ask
How much of Supporting Initiatives to Redistribute Unused Medicine - Sirum's spending goes to programs?
In calendar year 2024, Supporting Initiatives to Redistribute Unused Medicine - Sirum reported that 97.2% of its $32.4 million in expenses went to program services, 2.3% to management and general and 0.5% to fundraising (Form 990, Part IX).
How much does Supporting Initiatives to Redistribute Unused Medicine - Sirum pay its top executive?
The largest total compensation Supporting Initiatives to Redistribute Unused Medicine - Sirum reported for one person in calendar year 2024 was $266,635, for the role of CO-FOUNDER (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Supporting Initiatives to Redistribute Unused Medicine - Sirum get its money?
Of $29.0 million in revenue in calendar year 2024, 96.3% came from contributions and grants and 1.9% from program service revenue (Form 990, Part VIII).
Is Supporting Initiatives to Redistribute Unused Medicine - Sirum a registered charity?
The IRS lists EIN 27-1103057 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- 2024: Form 990 for calendar year 2024, object 202523219349327202 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202433099349302103 · read the filing
- 2022: Form 990 for calendar year 2022, object 202303209349301010 · read the filing
- 2021: Form 990 for calendar year 2021, object 202223199349316442 · read the filing
- 2020: Form 990 for calendar year 2020, object 202103199349305160 · read the filing
All filings for EIN 27-1103057: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.